Posts Tagged ‘yacht’

Cutting the cant about canting keels

Friday, September 26th, 2008

Let’s start facing facts about yachts with canting keels. They are not yachts, they are motor boats and, as such, should be banned from competing with genuine yachts.

As long as they have to keep their motor running day and night to provide hydraulics for the keels and electrics to drive their winches, they are, and will remain, motor boats.

I am not a Luddite. I am not against the development of canting keels, I simply believe that development should take place separately.

Read more of my thoughts on canting keels.

Boating – who can afford it now?

Tuesday, September 23rd, 2008

The world’s financial turmoil is already having an effect on the boating industry.

Once yachting was traditionally seen as a luxury sport for the ‘silvertail’ market but lately, as people became wealthier, more could afford a yacht or motor boat. These people were not mega-rich but had enough disposable income to take up the sport. Now, with savings and superannuation under pressure, they are much more cautious.

Does this mean that J.P. Morgan’s famous aphorism “If you have to ask the price you can’t afford it” will apply again?